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NEW​ ​YORK​--(BUSINESS WIRE)--Roomi, a peer-to-peer marketplace providing a safe, easy way to search
for shared housing, announced their Series A funding today. They raised
$11 million, with Atami Capital leading the round, bringing their total
funding to $17 million.

Brain Epp, Head of Direct Investments at Atami Capital, says "We decided
to invest in Roomi because shared housing is a growing global trend and
is becoming a lifestyle choice for Generation Z and Millennials. We
believe Roomi is the clear market leader in peer-to-peer shared housing
in NYC and we intend to support Roomi expand further in the US and
globally."

Roomi officially launched in 2015
with $2 million in seed funding and hit 100,000 app downloads within
their first year. Today, Roomi has around 1 million registered users and
nearly 250,000 rooms listed on their platform.

“The future of living is going to be shared living. Millennials aren’t
buying homes. Gen Z-ers probably won’t be buying homes. Living with
roommates isn’t just a trend – flexible living and shared housing is
becoming the norm,” says Ajay Yadav, CEO and Founder of Roomi. “People
want access to commitment-free, immediate, verified shared housing
options and Roomi wants to lead the way by make renting with roommates
safer and easier than ever before.” says Ajay Yadav, CEO and Founder of
Roomi.

In addition to raising $11 million in Series A funding, Roomi is also
hosting a crowdfunding
campaign on Republic and inviting their users to buy shares.

“We're thrilled that Roomi has chosen Republic for its crowdfunding
campaign. Both companies share a common link to AngelList, and this is
the first time all AngelList users, accredited and unaccredited, can
invest in a startup that has successfully raised from several AngelList
syndicates,” says Kendrick Nguyen, Co-Founder of Republic.

Additional​ ​Information

Atami Capital is a privately-owned investment company located in the
U.K. In addition to Atami Capital, new investors include Rosecliff
Ventures, Townsquare Media and JXC Ventures with returning support from
DCM and Great Oaks Venture Capital.

About​ ​Roomi

Roomi is a peer-to-peer marketplace providing a safer, easier way to
search for shared housing. Users are able to easily list their empty
rooms and connect with potential roommates through the platform. https://roomiapp.com